Tag Archives: india

By David Drake Recent media reports show that the Indian government is already preparing regulations for the cryptocurrency industry. India has made headlines this year as one of the countries that has been hostile to the industry, outright banning the trading of digital assets within its borders. Just this past month, the country’s ministry of finance put together […]

By David Drake Despite the many ups and downs, the cryptocurrency industry continues to grow. In some countries, the regulatory environment supports the growth of these digital assets but in others like India and China, cryptocurrency trading is completely prohibited. India’s cryptocurrency industry has especially experienced turmoil this year after the Reserve Bank of India (RBI) placed restrictions […]

By David Drake India has been among countries that have contributed to technological advancements, either as a developer or as a market. The Information Technology (IT) sector contributed 7.7% of its gross domestic product in the 2017 fiscal year, and there has been hope that the industry will continue to grow by being at the forefront of technological […]

By David Drake While the world forges ahead and tries to secure regulatory support for cryptocurrencies, India sinks in its heels and stands firm on its decision to ban the digital coins. Debjani Ghosh, head of the National Association of Software and Services Companies (NASSCOM), has piggybacked on the Reserve Bank of India’s stance that cryptocurrencies are illegal […]

by David Drake India is capable of building its policy institutions and turning them into effective tools that support a variety of benefits. In 2015, India surpassed China to become the fastest growing large economy in the world. But by looking at India’s population and its economic footprint, its economy is still small in comparison to that of the U.S., […]

Stock Market Investing: The equity averages continue to languish, however, as anticipated, the relative strength of precious metals investments soars. The Dow, S&P500 and the NASD all sit at or near their respective lows of the last two weeks while Gold hits a new high for the year at $1,085.65 and Silver crosses $17. Investment Strategy: We have used the […]

Emerging markets have seen explosive growth over the past decade, but with the recent contraction in the global economy, investors have a chance to look at real growth in individual markets. There is no doubt in my mind that the boom over the past couple of years in some countries were due to insatiable investors overbuying in whatever country the […]

News That Moves Markets Good morning readers, this is your Monday wake up call. The US$ is under attack and the budget deficit will continue to expand like the blackhole it is regardless of congressional protestations surrounding fiscal discipline. Instead of wasting time arguing about the inevitable and fearing the fallout let’s position the portfolio to benefit: Short US […]